M&G UK equities manager Felton exits

Added 28th October 2016

M&G Investments UK equities manager Mike Felton is to leave the business after 11 years’ service.

M&G UK equities manager Felton exits

He will be replaced at the helm of the £598m M&G UK Select Fund by Sam Ford, who is stepping up from his deputy manager role on M&G’s Dividend and Extra Income funds.

Ford’s appointment will take effect from 1 January 2017 subject to internal approvals. Until the end of the year, the fund will be managed by co-deputy managers Garfield Kiff and Rory Alexander.

There is no change to the objective of the fund; which targets longer term growth through investment in a concentrated portfolio of UK companies.

M&G said Ford brings an investment approach to the UK Select Fund which emphasises the selection of companies with ‘sustainable competitive advantages’ that have the opportunity to re-invest capital at high rates of return.

“Since Sam joined M&G in 2014, he has quickly made his mark as an astute investor and I am confident that he will do a good job for our customers in managing the UK Select Fund,” said Graham Mason, chief investment officer for M&G equities, multi-asset, retail fixed interest. “I would like to thank Mike for his outstanding contribution over the past 11 years at M&G and wish him the best for the future.”


Overseas earners will be key amidst 2017 inflation

Sponsored by Neptune

Overseas earners will be key amidst 2017 inflation...

A by-product of sterling weakness is inflation, and we expect this to continue to gather steam over the coming months, with energy and food prices the hardest hit....

Kames Income Hub


Vincent McEntegart, manager of the Kames Diversified Monthly Income Fund, explains how he aims to deliver a stable and sustainable income of 5% p.a.*, paid monthly, by investing in a range of asset classes

Square Mile Research

AXA Distribution Fund
AXA Distribution Fund

Talking Factsheets is a video service for users...

Visitor's Comments Add your comment

Add Your Comment

We won't publish your address

About Author

Alex Sebastian

News editor

Alex joined Portfolio Adviser in April 2014 and has been a financial journalist since 2008. He has previously held editorial positions at the Financial Times Group and Euromoney Institutional Investor. Alex is NCTJ qualified and has a degree in economics from the University of Sussex.



Investment Strategy




PA Alternative Ucits 2017 Congress
PA Alternative Ucits 2017 Congress

Tuesday 25 April
The Langham, London

PA Europe 2017
PA Europe 2017

Thursday 11 May
Furniture Makers' Hall

PA Channel Islands 2017
PA Channel Islands 2017

Wednesday 24 May
Royal Yacht Hotel, Jersey

PA UK Equity 2017
PA UK Equity 2017

Thursday 15 June
Radisson Blu Edwardian Bloomsbury Street Hotel

Sponsored Content

Investment Strategy